Alico Q1 EPS $(0.45) Misses $(0.38) Estimate, Sales $1.887M Miss $2.120M Estimate

Alico (NASDAQ:ALCO) reported quarterly losses of $(0.45) per share which missed the analyst consensus estimate of $(0.38) by 20 percent. This is a 62.5 percent increase over losses of $(1.20) per share from the same period last year. The company reported quarterly sales of $1.887 million which missed the analyst consensus estimate of $2.120 million by 10.99 percent. This is a 88.83 percent decrease over sales of $16.894 million the same period last year.